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Friday, 12 August 2011

Europe moves to ban short-selling to protect stocks

Traders who take advantage of volatile stock markets are to have their wings clipped as France, Italy, Spain and Belgium ban short-selling -- a time when traders hope to make a profit from falling shares.

It is a practice being blamed for contributing to the wild fluctuations currently being seen in global markets. Al Jazeera's Kristen Saloomey has more from the New York Stock Exchange


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